Profits of Chinese train maker CRRC up 4.76% in 2018
03/29/2019|5:34:50 PM|ChinaDaily

Net profit of Chinese train maker CRRC Corporation Ltd rose 4.76% in 2018 to 11.3 billion yuan ($1.7 billion), the company said Thursday.

The world's largest supplier of rail transit equipment said its business revenue increased 3.82% to reach 219 billion yuan last year, mainly thanks to growing sales for railway equipment and urban rail transit products.

The company's revenue from orders on the Chinese mainland went up 4.13% year-on-year, while that from overseas orders edged up 0.76%.

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